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Germany Elites Arguing to Increase Retirement to Pay for Refugees
Posted on October 10, 2015 by Martin Armstrong
The elites in Germany are calling for reforms due to the refugees. Hans-Werner Sinn, President of the IFO Institute for Economic Research said, “We’d better put up the retirement age to feed the refugees. The elderly are needed, moreover, to [teach] learn the refugees.” Sinn is proposing radical social reforms, stating, “We should take advantage of the influx of refugees as an opportunity for a new agenda of 2010.”
Indeed, the proposals are to escape the social costs that Germany cannot really honor. They are using the refugees as an excuse to impose a default on social programs.
This entry was posted in Germany and tagged German Refugee Crisis, Hans-Werner Sinn, Refugee Crisis by Martin Armstrong. Bookmark the permalink.
Posted on October 10, 2015 by Martin Armstrong
The elites in Germany are calling for reforms due to the refugees. Hans-Werner Sinn, President of the IFO Institute for Economic Research said, “We’d better put up the retirement age to feed the refugees. The elderly are needed, moreover, to [teach] learn the refugees.” Sinn is proposing radical social reforms, stating, “We should take advantage of the influx of refugees as an opportunity for a new agenda of 2010.”
Indeed, the proposals are to escape the social costs that Germany cannot really honor. They are using the refugees as an excuse to impose a default on social programs.
This entry was posted in Germany and tagged German Refugee Crisis, Hans-Werner Sinn, Refugee Crisis by Martin Armstrong. Bookmark the permalink.
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